Asia Pacific Is Australia’s Biggest Source Of Offshore Investment Flows

The Asia Pacific region is by far the biggest contributor of foreign fund flows into Australian managed funds, according to the Australian Investment Managers Cross-Border Flows Report.

Highlights of the 12-page report released by the Financial Services Council and The Trust Company, include:

1. 20 (large) fund managers responded to the survey. They managed $33.6 billion of the $65 billion AUM sourced from overseas investors as calculated by the ABS (Australian Bureau of Statistics)
2. Asia Pacific investors accounted for 68% of AUM from offshore investors. Europe accounted for 13%, UK for 9%, and US for just 5%.
3. The largest offshore investor type was other ‘fund managers’ (55% of AUM), followed by pension funds (18%), ‘own fund’ (presumably offshore subsidiaries or offshore parent company) at 16%, and sovereign wealth funds (8%).